Stocks Mostly Down on AI Concerns as Oil Prices Bounce After Plunge

Stocks mostly down on AI concerns as oil prices bounce after plunge

Asian stock markets struggled Tuesday following another AI-fuelled tech selloff on Wall Street that overshadowed a possible breakthrough in talks to end the Middle East war.

Major US sharemarket gains wiped out as AI bubble fears linger

A sharp drop in oil prices lifted airlines and broader markets, but persistent fears over heavy AI spending erased Wall Street’s early gains.

Stocks fall as AI worries weigh on Wall Street despite oil price drop

Wall Street stocks ended mixed as AI concerns weighed on the S&P 500 and Nasdaq, while falling oil prices boosted airlines and other companies.